$LAYER /USDT BEARISH SLIDE ACTIVE — SUPPORT BROKEN, DOWNSIDE EXTENSION LIKELY!
$LAYER has slipped to $1.1748, down -3.16% as it loses the $1.20 support zone and confirms a bearish continuation. After repeated failures to reclaim the $1.25–$1.30 range, the momentum has decisively shifted in favor of the bears.
Trade Setup:
Short Entry: $1.175 – $1.200
Take Profit Targets: $1.150 / $1.100 / $1.050
Stop Loss: $1.230
Market Outlook:
With increased volume on the downside and rejection from key resistance levels, LAYER is likely to test lower supports near $1.10. Unless bulls step in quickly to reclaim $1.20+, bears are in control for the next leg.
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